Horizon Wealth Management LLC Grows Stock Position in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

Horizon Wealth Management LLC grew its position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 227,473 shares of the company’s stock after acquiring an additional 3,161 shares during the quarter. SPDR Portfolio S&P 500 Growth ETF comprises approximately 3.5% of Horizon Wealth Management LLC’s holdings, making the stock its 10th largest holding. Horizon Wealth Management LLC owned 0.07% of SPDR Portfolio S&P 500 Growth ETF worth $19,995,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $36,000. Costello Asset Management INC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 58.0% in the 3rd quarter. Costello Asset Management INC now owns 545 shares of the company’s stock worth $45,000 after purchasing an additional 200 shares during the period. Urban Financial Advisory Corp bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $45,000. Hollencrest Capital Management purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the second quarter valued at approximately $49,000. Finally, Creekmur Asset Management LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the third quarter worth approximately $52,000.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA SPYG traded down $0.29 during midday trading on Monday, hitting $87.24. 1,893,078 shares of the company traded hands, compared to its average volume of 2,362,610. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $64.63 and a 52 week high of $91.49. The company’s 50-day simple moving average is $88.18 and its 200-day simple moving average is $83.49. The company has a market cap of $29.95 billion, a PE ratio of 27.22 and a beta of 1.14.

SPDR Portfolio S&P 500 Growth ETF Company Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).